V12VF | Consumer Duty | April 23 - Flipbook - Page 3
1.
Overview
This communication includes important information that you require to distribute the V12 Vehicle Finance Prime
Hire Purchase (HP) and/or Personal Contract Purchase (PCP) Products.
This summary document is being provided to you to fulfil our responsibilities under PRIN 2A.4.15R and PRIN
2A.3.12R (2).
It is designed to support you to comply with your responsibilities under PRIN 2A.3.16R and PRIN 2A.4.16R . Please
note that you are ultimately responsible for meeting your obligations under ‘The Consumer Duty’.
FCA policy statement (PS22/9) and the Final Guidance (FG22/5), sets out the full expectation of firms for Consumer
Duty. You can find this on the FCA website .
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